Many players search for low minimum deposit casinos. Let’s be fair; not everyone wants to or can afford to deposit large sums. Many players want to make a minimum £5 deposit or lower here and there to enjoy when they can. Players looking to try out new sites also often look for a casino site with a low minimum deposit. Starting with a low deposit allows new players to a casino site to test things out; they can then decide if they want to deposit higher amounts and continue playing. When you play with real cash (rather than bonus money), you can win real cash. Therefore, players get a more ‘true to life’ experience rather than playing for free.
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Low minimum deposit casinos
Every casino varies in what its minimum deposit amount is. The majority of online casinos have a £10 or £20 minimum deposit, but plenty offer much smaller deposit amounts.
Just because a slot site has a low minimum deposit, it doesn’t mean it’s less enjoyable than a site with a higher minimum deposit. You can find some brilliant online casinos with low minimum deposits and the excitement and fun you’d expect from any online casino if you know where to look!
Mobile casinos with low minimum deposits
Nearly everyone now has a smartphone or tablet, and rather than being sat at a desk with a PC or laptop, many players prefer to play on their phones. As a result, all gambling operators have made their sites compatible and optimised for use on mobile devices. These were known as ‘mobile casinos’ before smartphones took off, but now all casino sites are geared up for mobile players.
Like any online casino, mobile casino sites have various deposit options, and there are plenty of great mobile casinos with low minimum deposit limits. Therefore many operators develop apps to download to give players a better gaming experience. Apps are specifically designed just to be used on mobiles.
£1 minimum deposit casinos
If you’re searching for an online casino where you can deposit just £1 at a time, they are now non-existent. This is mainly because of transaction processing fees that casino operators have to pay. Occasionally, you as a player will have to pay a fee for depositing, depending on the payment method chosen. However, most of the time, transaction fees are covered by the operator.
For example, every time you deposit to your casino account, the operator is charged 50p. If players only deposit £1 at a time, it will cost the operators an awful lot in processing fees while earning very little. Therefore it makes more sense for them to have a larger minimum deposit of £10 or £20.
£5 minimum deposit casinos
Online casinos with a £5 minimum deposit do still exist. However, you are still very limited in choice compared to casinos with a minimum deposit amount of £10.
Depositing just £5 means you can still win cash and play for real, but £5 is still an affordable amount; pocket change to many.
With more casino sites upping their minimum deposit, £5 deposit sites will undoubtedly become even less popular over the years. So if you enjoy playing with just a fiver, check out some of the best sites before they up their low deposit limit.
Can I still claim bonuses with a low deposit?
If you’re looking to make a small deposit and are also looking to claim a bonus, then you need to check the terms. Most of the time, if you deposit £5, you will rarely find a bonus. The gambling taxes in the UK mean that even when a casino gives players a bonus, they have to pay additional taxes on the bonuses provided. Therefore it doesn’t make financial sense to offer bonuses on such low deposit amounts, especially when they pay transaction fees on those low deposits too.
If you’re making a cash deposit and claiming a bonus, this is great as it extends your gaming time and allows you to experience more of the games on offer. However, if you’re claiming a bonus, check for wagering requirements and maximum win limits. For players depositing real cash to win real money, if you claim a bonus, this could scupper any chances of keeping anything you win, so always check the terms.
Wagering and win limits
If you’re not familiar with wagering terms and the various conditions associated with bonuses, pay attention to this section! Unless you are playing at online casinos that specifically state ‘no wagering requirements, check the terms as wagering differs wildly among sites.
Wagering requirements are put in place to make it difficult for you to win cash from free bonuses. If you see a bonus and the terms state 40x wagering, that means if you were given a £20 bonus to play with and you won, you would have to wager your bonus 40 times (so bet £20 x 40 = £800 in bets) before you were eligible to withdraw your winnings. Even if you meet the wagering requirements, you probably won’t be left with much! As you can see, unless you win a considerable amount, you’re more like to spend any winnings playing through your wagering before you can withdraw anything.
Maximum win limits
Another thing to look out for is the maximum win caps which often appear with bonuses; this means you are limited in how much you can win from a bonus. So if the maximum win limit was £20, yet you hit a £100k jackpot with your bonus money, sadly, you will still only win £20.
The same applies to free spins offers. Let’s say you deposit £5 and claim 20 free spins with it. If the free spins had 40x wagering terms, you would have to wager £5, 40 times before you could win any cash from your free spins.
As you can see, claiming a bonus is great for giving you more time to play on a site. The casino sites are not so great at allowing you to win real cash. You don’t have to claim bonuses that are on offer. If you do, make sure you know the terms and conditions that go with them.
Best deposit methods?
Another thing to mention is that not every payment method is accepted. It’s easy to take a quick look at a site, see a list of banking methods, and head over there, but when you’re depositing a lower amount, you may have to use a specific banking method.
The same applies to claiming deposit bonuses. Check the terms to see how you can deposit and claim a bonus. For example, you’ll often see terms such as ‘bonus not available with Neteller and Skrill deposits.
Pay by mobile
Paying via your mobile phone or phone bill is often an accepted payment method on low minimum deposits. You are typically not charged for making deposits, but you can’t withdraw winnings this way. There is usually a limit on the amount you can deposit in one go or over the space of a month (usually around £30 a day). Pay by phone is an excellent option for most players, but no good if you want to deposit a more considerable amount.
Pay by debit card
Debit cards are a popular payment method, but the minimum deposit is usually £10. Funds are transferred instantly but bear in mind that transactions to online casinos will appear on your bank statement. Because of this, many players prefer to use e-wallets or pre-paid cards instead.
Pre-paid cards
Pre-paid cards work like a credit or debit card, but you simply load up the card with a set amount. It allows you to set aside a specific amount on that card and adds an additional layer of security; you don’t need to provide your banking or debit card details. The minimum amount you usually have to put onto your pre-paid card is £10. But, depending on the casino site in question, you can make lower minimum deposits.
Credit card payments
Keep in mind that when you see credit cards as an accepted payment method, this won’t apply to UK players.
E-wallets
E-wallets are another popular banking option. Again, they add an additional layer of security as no bank details need to be provided. It is usually free to deposit via e-wallet, but check the fees for withdrawals, as they differ between e-wallets. Minimum deposits tend to be around £10, and check which methods are accepted if you want to claim a bonus. Not all e-wallets are included in bonus claims.
Low minimum deposit casinos aren’t as common as they used to be. With the rising taxes and transaction fees, they may become a dying breed. However, there is still a great selection of low deposit casinos. We’ve categorised them according to their minimum deposit amount.
Low minimum deposit sites
In this section, you can filter your search by the minimum deposit amounts.